N-of-One, a precision medicine oncology decision support company has raised $7 million in funding from Providence Ventures and Excel Venture Management. The latest round brings its total funding to $11M. Founded in 2008 by a team of PhD scientists and oncologists, N-of-One analyzes and interprets tumor molecular profiles to help physicians and patients identify diagnostic and treatment strategies from its proprietary database.Working with leading healthcare systems and large commercial labs,
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Launchpad Digital Health Accelerator Adds 6 New Startups to Portfolio
Launchpad Digital Health, a focused next generation accelerator has added six new startups to its 12-month accelerator program. Among the companies that closed the new seed capital financings are: Hint Health, Lab Sensor Solutions, Moving Analytics, SoberGrid and Wellbrain. These new rounds include co-investment from terrific investors including: Stanford University, Draper Associates, HealthX Ventures, Three Leaf Ventures, Stanford StartX, Healthfundr and Aspect Ventures.Each company accepted
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PULSE@MassChallenge Appoints Nick Dougherty New Program Director
MassChallenge announced that it will be opening applications on September 14 for PULSE@MassChallenge, the new innovation lab for digital health entrepreneurs. In addition to the announcement, PULSE@MassChallenge has appointed VerbalCare CEO Nick Dougherty as its Program Director. In his new role, Nick will be focused on facilitating active collaboration between high-impact startups and key stakeholders within the healthcare ecosystem, including leading providers, investors, corporates,
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Swedish Digital Health Startup Lifesum Nabs $10M from Nokia
Swedish digital health startup Lifesum has raised $10 million in funding led by global venture capital firm Nokia Growth Partners (NGP), with participation from Draper Esprit, Bauer Media Group and SparkLabs Global Ventures. The Stockholm-based company will utilize the funding to increase its talent base across multiple areas including engineering, product, design and marketing as it expands in Europe and the United States. Founded in 2008 by Henrik Torstensson, CEO, and Marcus Gners, COO,
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Mercom: Healthcare IT Funding Soars $1.6B in Q2 2016
Healthcare IT funding reached $1.6B in 140 deals in the second quarter of 2016, representing a 33% increase compared to the $1.4B raised during the same period in 2015, according to a new report from Mercom Capital Group. Mercom’s comprehensive report covers healthcare IT and digital health deals of all sizes across the globe.So far in the first half of 2016, close to $3 billion has been raised in 286 deals, a 50 percent increase compared to nearly $2 billion raised during the same period in
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Docent Health Lands $15M To Help Hospitals Deliver Human-Centric Care
Docent Health, a Boston-based digital health startup helping healthcare organizations transform to embrace a truly consumer-centric approach to healthcare has raised $15M in funding. The Series A round was co-led by Bessemer Venture Partners, New Enterprise Associates (NEA) and Maverick Ventures. Founded in 2015, Docent Health combines advanced analytics with workflow automation to orchestrate carefully curated “experience journeys” that integrate digital and human interactions. Docent Health’s
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Endotronix Nabs $32M for Wireless Pulmonary Artery Sensor
Endotronix, a digital health startup developing a implantable, wireless pulmonary artery sensor for patients suffering from advanced heart failure has raised $32 million in Series C funding. Participating investors in the round include BioVentures Investors, SV Life Sciences (SVLS), Lumira Capital, Aperture Venture Partners, and OSF Ventures along with existing investors and a corporate strategic investor. The company plans to use the funding from the round to support the safety and feasibility
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Caremerge Lands $14M to Expand into Post-Acute Market
Caremerge, a cloud-based communication and care coordination platform for the senior care industry has raised $14M in institutional funding led by Insight Venture Partners, with participation from previous investors Grażyna Kulczyk, Cambia Health Solutions, Ziegler LinkAge Longevity Fund, GE Ventures, and Arsenal Venture Partners.The Chicago-based startup will utilize the capital infusion to accelerate its expansion into the post-acute market. The investment round also adds new additions to the
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Avizia Nabs $11M to Boosts Its End-to-End Telehealth Platform
Avizia, a Reston, Va.-based end-to-end telehealth provider has raised $11 million in Series A funding led by Blue Heron Capital and joined by Lavrock Ventures, NextGen Venture Partners, Middleland Capital, Waterline Capital, and Blu Ventures. This funding round will enable the company to further expand its telehealth video collaboration offerings for hospitals and physicians, taking the patient experience into the future. Despite the growth of telehealth solutions, many systems are isolated from
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From Startups to Success: What Does It Take to Innovate in Digital Health?
Blueprint Health’s Jean-Luc Neptune shares his insights on what makes a good digital health startup and what it takes to make it in the competitive space.Innovation is inspiring. It’s what drives the evolution of technology. Take digital health, for example: billions of investment dollars have poured into the space in support of technologies slated to transform healthcare delivery. But fresh ink on a blueprint and enthusiasm only gets you so far, and surprisingly, investment dollars may not take
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